
Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC I Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - Current Period | | | | | |
| | | | | Prior | | | | | | Current |
| Class | Original | Principal | | | Total | Realized | Deferred | Principal |
Class | Type | Face Value | Balance | Interest | Principal | Distribution | Losses | Interest | Balance |
| | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) | (6) | (7)=(1)-(3)-(5)+(6) |
| | | | | | | | | | | |
I | | 255,356,214.97 | 246,152,717.11 | 1,496,108.25 | 5,173,476.52 | 6,669,584.77 | - | - | 240,979,240.59 |
I-A | | 44,643,785.03 | 44,643,785.03 | 271,343.48 | - | 271,343.48 | - | - | 44,643,785.03 |
I-B | | 15,000,000.00 | 15,000,000.00 | 91,169.51 | - | 91,169.51 | - | - | 15,000,000.00 |
P | | 100.00 | 100.00 | 103,288.88 | - | 103,288.88 | - | - | 100.00 |
R-I | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
Total | | 315,000,100.00 | 305,796,602.14 | 1,961,910.12 | 5,173,476.52 | 7,135,386.64 | - | - | 300,623,125.62 |
| Interest Accrual Detail | Current Period Factor Information per $1,000 of Original Face | |
| | | | | | Orig. Principal | Prior | | | | Current |
| Period | Period | | | (with Notional) | Principal | | | Total | Principal |
Class | Starting | Ending | Method | Cusip | Balance | Balance | Interest | Principal | Distribution | Balance |
| | | | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) |
| | | | | | | | | | | |
I | | | A-30/360 | | 255,356,214.97 | 963.958199 | 5.858907 | 20.259842 | 26.118749 | 943.698357 |
I-A | | | A-30/360 | | 44,643,785.03 | 1,000.000000 | 6.077968 | - | 6.077968 | 1,000.000000 |
I-B | | | A-30/360 | | 15,000,000.00 | 1,000.000000 | 6.077967 | - | 6.077967 | 1,000.000000 |
P | | | F-30/360 | AA020203P | 100.00 | 1,000.000000 | 1,032,888.800000 | - | 1,032,888.800000 | 1,000.000000 |
R-I | | | F-30/360 | | - | - | - | - | - | - |
| Page 2 of 27 | © COPYRIGHT 2003 Deutsche Bank |

Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC I I Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - to Date | | | | | | |
| | | | | | | | | | | Current |
| Original | | Unscheduled | Scheduled | Total | Total | Realized | Deferred | Principal |
Class | Face Value | Interest | Principal | Principal | Principal | Distribution | Losses | Interest | Balance |
| (1) | (2) | (3) | (4) | (5)=(3)+(4) | (6)=(2)+(5) | (7) | (8) | (9)=(1)-(5)-(7)+(8) |
| | | | | | | | | | | |
I | 255,356,214.97 | 9,153,949.56 | - | 14,376,974.38 | 14,376,974.38 | 23,530,923.94 | - | - | 240,979,240.59 |
I-A | 44,643,785.03 | 1,625,353.11 | - | - | - | 1,625,353.11 | - | - | 44,643,785.03 |
I-B | 15,000,000.00 | 546,107.28 | - | - | - | 546,107.28 | - | - | 15,000,000.00 |
P | 100.00 | 218,572.00 | - | - | - | 218,572.00 | - | - | 100.00 |
R-I | - | - | - | - | - | - | - | - | - |
| | | | | | | | | |
Total | 315,000,100.00 | 11,543,981.94 | - | 14,376,974.38 | 14,376,974.38 | 25,920,956.32 | - | - | 300,623,125.62 |
| Interest Detail | | | | | | | | | |
| Pass- | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
| Through | (with Notional) | Accrued | Supported | Unpaid | Interest | Optimal | Deferred | Unpaid |
Class | Rate | Balance | Interest | Interest SF | Interest | Adjustments | Interest | Interest | Interest |
| | | | | (1) | (2) | (3) | (4) | (5)=(1)-(2)+(3)+(4) | (6) | (7)=(5)-(6) |
| | | | | | | | | | | |
I | 7.29356% | 246,152,717.11 | 1,496,108.25 | - | - | - | 1,496,108.25 | 1,496,108.25 | - |
I-A | 7.29356% | 44,643,785.03 | 271,343.48 | - | - | - | 271,343.48 | 271,343.48 | - |
I-B | 7.29356% | 15,000,000.00 | 91,169.51 | - | - | - | 91,169.51 | 91,169.51 | - |
P | | 100.00 | 103,288.88 | - | - | - | 103,288.88 | 103,288.88 | - |
R-I | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | |
Total | | 305,796,602.14 | 1,961,910.12 | - | - | - | 1,961,910.12 | 1,961,910.12 | - |
| | | | | | | Page 3 of 27 | © COPYRIGHT 2003 Deutsche Bank |

Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC II Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - Current Period | | | | | | |
| | | | | Prior | | | | | | Current |
| Class | Original | Principal | | | Total | Realized | Deferred | Principal |
Class | Type | Face Value | Balance | Interest | Principal | Distribution | Losses | Interest | Balance |
| | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) | (6) | (7)=(1)-(3)-(5)+(6) |
| | | | | | | | | | | |
II-A-1 | | 115,500,000.00 | 115,500,000.00 | 702,005.26 | - | 702,005.26 | - | - | 115,500,000.00 |
II-A-2 | | 16,800,000.00 | 16,800,000.00 | 102,109.86 | - | 102,109.86 | - | - | 16,800,000.00 |
II-M-1 | | 8,662,500.00 | 8,662,500.00 | 52,650.39 | - | 52,650.39 | - | - | 8,662,500.00 |
II-M-2 | | 6,300,000.00 | 6,300,000.00 | 38,291.20 | - | 38,291.20 | - | - | 6,300,000.00 |
II-M-3 | | 5,512,500.00 | 5,512,500.00 | 33,504.80 | - | 33,504.80 | - | - | 5,512,500.00 |
II-B | | 4,725,000.00 | 4,725,000.00 | 28,718.40 | - | 28,718.40 | - | - | 4,725,000.00 |
II-Q | | 157,500,000.00 | 148,296,502.14 | 901,341.34 | 5,173,476.52 | 6,074,817.86 | - | - | 143,123,025.62 |
R-II | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
Total | | 315,000,000.00 | 305,796,502.14 | 1,858,621.25 | 5,173,476.52 | 7,032,097.77 | - | - | 300,623,025.62 |
| Interest Accrual Detail | Current Period Factor Information per $1,000 of Original Face | | |
| | | | | | Orig. Principal | Prior | | | | Current |
| Period | Period | | | (with Notional) | Principal | | | Total | Principal |
Class | Starting | Ending | Method | Cusip | Balance | Balance | Interest | Principal | Distribution | Balance |
| | | | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) |
| | | | | | | | | | | |
II-A-1 | | | A-30/360 | | 115,500,000.00 | 1,000.000000 | 6.077968 | - | 6.077968 | 1,000.000000 |
II-A-2 | | | A-30/360 | | 16,800,000.00 | 1,000.000000 | 6.077968 | - | 6.077968 | 1,000.000000 |
II-M-1 | | | A-30/360 | | 8,662,500.00 | 1,000.000000 | 6.077967 | - | 6.077967 | 1,000.000000 |
II-M-2 | | | A-30/360 | | 6,300,000.00 | 1,000.000000 | 6.077968 | -- | 6.077968 | 1,000.000000 |
II-M-3 | | | A-30/360 | | 5,512,500.00 | 1,000.000000 | 6.077968 | - | 6.077968 | 1,000.000000 |
II-B | | | A-30/360 | | 4,725,000.00 | 1,000.000000 | 6.077968 | - | 6.077968 | 1,000.000000 |
II-Q | | | A-30/360 | | 157,500,000.00 | 941.565093 | 5.722802 | 32.847470 | 38.570272 | 908.717623 |
R-II | | | F-30/360 | | - | - | - | - | - | - |
| | | | | | | Page 4 of 27 | © COPYRIGHT 2003 Deutsche Bank |

Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC II Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - to Date | | | | | | |
| | | | | | | | | | | Current |
| Original | | | Unscheduled | Scheduled | Total | Total | Realized | Deferred | Principal |
Class | Face Value | Interest | Principal | Principal | Principal | Distribution | Losses | Interest | Balance |
| (1) | (2) | (3) | (4) | (5)=(3)+(4) | (6)=(2)+(5) | (7) | (8) | (9)=(1)-(5)-(7)+(8) |
| | | | | | | | | | | |
II-A-1 | 115,500,000.00 | 4,204,958.62 | - | 13,501.28 | 13,501.28 | 4,218,459.90 | - | - | 115,500,000.00 |
II-A-2 | 16,800,000.00 | 611,638.74 | - | 4,748.46 | 4,748.46 | 616,387.20 | - | - | 16,800,000.00 |
II-M-1 | 8,662,500.00 | 315,376.96 | - | - | - | 315,376.96 | - | - | 8,662,500.00 |
II-M-2 | 6,300,000.00 | 229,365.06 | - | - | - | 229,365.06 | - | - | 6,300,000.00 |
II-M-3 | 5,512,500.00 | 200,694.43 | - | - | - | 200,694.43 | - | - | 5,512,500.00 |
II-B | 4,725,000.00 | 172,023.80 | - | - | - | 172,023.80 | - | - | 4,725,000.00 |
II-Q | 157,500,000.00 | 5,591,352.34 | - | 14,358,724.64 | 14,358,724.64 | 19,950,076.98 | - | - | 143,123,025.62 |
R-II | - | | - | | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
Total | 315,000,000.00 | 11,325,409.96 | - | 14,376,974.38 | 14,376,974.38 | 25,702,384.34 | - | - | 300,623,025.62 |
| Interest Detail | | | | | | | |
| Pass- | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
| Through | (with Notional) | Accrued | Supported | Unpaid | Interest | Optimal | Deferred | Unpaid |
Class | Rate | Balance | Interest | Interest SF | Interest | Adjustments | Interest | Interest | Interest |
| | | | | (1) | (2) | (3) | (4) | (5)=(1)-(2)+(3)+(4) | (6) | (7)=(5)-(6) |
| | | | | | | | | | | |
II-A-1 | 7.29356% | 115,500,000.00 | 702,005.26 | - | - | - | 702,005.26 | 702,005.26 | - |
II-A-2 | 7.29356% | 16,800,000.00 | 102,109.86 | - | - | - | 102,109.86 | 102,109.86 | - |
II-M-1 | 7.29356% | 8,662,500.00 | 52,650.39 | - | - | - | 52,650.39 | 52,650.39 | - |
II-M-2 | 7.29356% | 6,300,000.00 | 38,291.20 | - | - | - | 38,291.20 | 38,291.20 | - |
II-M-3 | 7.29356% | 5,512,500.00 | 33,504.80 | - | - | - | 33,504.80 | 33,504.80 | - |
II-B | 7.29356% | 4,725,000.00 | 28,718.40 | - | - | - | 28,718.40 | 28,718.40 | - |
II-Q | 7.29356% | 148,296,502.14 | 901,341.34 | - | - | - | 901,341.34 | 901,341.34 | - |
R-II | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
Total | | 305,796,502.14 | 1,858,621.25 | - | - | - | 1,858,621.25 | 1,858,621.25 | - |
| | | | | | | Page 5 of 27 | © COPYRIGHT 2003 Deutsche Bank |

Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC III Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - Current Period | | | | | |
| | | | | Prior | | | | | | Current |
| Class | Original | Principal | | | Total | Realized | Deferred | Principal |
Class | Type | Face Value | Balance | Interest | Principal | Distribution | Losses | Interest | Balance |
| | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) | (6) | (7)=(1)-(3)-(5)+(6) |
| | | | | | | | | | | |
A-1 | | 231,000,000.00 | 219,729,429.18 | 827,647.52 | 4,401,835.59 | 5,229,483.11 | - | - | 215,327,593.59 |
A-2 | | 33,600,000.00 | 32,368,418.80 | 121,381.57 | 1,427,907.45 | 1,549,289.02 | - | - | 30,940,511.35 |
M-1 | | 17,325,000.00 | 17,325,000.00 | 81,571.88 | - | 81,571.88 | - | - | 17,325,000.00 |
M-2 | | 12,600,000.00 | 12,600,000.00 | 61,110.00 | - | 61,110.00 | - | - | 12,600,000.00 |
M-3 | | 11,025,000.00 | 11,025,000.00 | 57,330.00 | - | 57,330.00 | - | - | 11,025,000.00 |
B | | 9,450,000.00 | 9,450,000.00 | 53,313.75 | - | 53,313.75 | - | - | 9,450,000.00 |
C | | - | 3,298,654.16 | - | - | - | - | 656,266.52 | 3,954,920.68 |
R-III | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
Total | | 315,000,000.00 | 305,796,502.14 | 1,202,354.72 | 5,829,743.04 | 7,032,097.76 | - | 656,266.52 | 300,623,025.62 |
| Interest Accrual Detail | | Current Period Factor Information per $1,000 of Original Face | | | |
| | | | | | Orig. Principal | Prior | | | | Current |
| Period | Period | | | (with Notional) | Principal | | | Total | Principal |
Class | Starting | Ending | Method | Cusip | Balance | Balance | Interest | Principal | Distribution | Balance |
| | | | | | | (1) | (2) | (3) | (4)=(2)+(3) | (5) |
| | | | | | | | | | | |
A-1 | | | A-30/360 | 00253CHV2 | 231,000,000.00 | 951.209650 | 3.582890 | 19.055565 | 22.638455 | 932.154085 |
A-2 | | | A-30/360 | 00253CHW0 | 33,600,000.00 | 963.345798 | 3.612547 | 42.497245 | 46.109792 | 920.848552 |
M-1 | | | A-30/360 | 00253CHX8 | 17,325,000.00 | 1,000.000000 | 4.708334 | - | 4.708334 | 1,000.000000 |
M-2 | | | A-30/360 | 00253CHY6 | 12,600,000.00 | 1,000.000000 | 4.850000 | - | 4.850000 | 1,000.000000 |
M-3 | | | A-30/360 | 00253CHZ3 | 11,025,000.00 | 1,000.000000 | 5.200000 | - | 5.200000 | 1,000.000000 |
B | | | A-30/360 | 00253CJA6 | 9,450,000.00 | 1,000.000000 | 5.641667 | - | 5.641667 | 1,000.000000 |
C | | | F-30/360 | AA020203C | - | - | - | - | - | - |
R-III | | | F-30/360 | | - | - | - | - | - | - |
| | | | | | | Page 6 of 27 | © COPYRIGHT 2003 Deutsche Bank |

Aames Mortgage Trust 2002-2
Mortgage Pass-Through Certificates
REMIC III Series 2002-2
Certificate Payment Report for June 25, 2003 Distribution
| Distribution in Dollars - to Date | | | | | | | |
| | | | | | | | | | | Current |
| Original | | | Unscheduled | Scheduled | Total | Total | Realized | Deferred | Principal |
Class | Face Value | Interest | Principal | Principal | Principal | Distribution | Losses | Interest | Balance |
| (1) | (2) | (3) | (4) | (5)=(3)+(4) | (6)=(2)+(5) | (7) | (8) | (9)=(1)-(5)-(7)+(8) |
| | | | | | | | | | | |
A-1 | 231,000,000.00 | 5,107,641.03 | - | 15,672,406.40 | 15,672,406.40 | 20,780,047.43 | - | - | 215,327,593.59 |
A-2 | 33,600,000.00 | 743,279.86 | - | 2,659,488.64 | 2,659,488.64 | 3,402,768.50 | - | - | 30,940,511.35 |
M-1 | 17,325,000.00 | 489,431.28 | - | - | - | 489,431.28 | - | - | 17,325,000.00 |
M-2 | 12,600,000.00 | 366,660.00 | - | - | - | 366,660.00 | - | - | 12,600,000.00 |
M-3 | 11,025,000.00 | 343,980.00 | - | - | - | 343,980.00 | - | - | 11,025,000.00 |
B | 9,450,000.00 | 319,882.50 | - | - | - | 319,882.50 | - | - | 9,450,000.00 |
C | - | - | - | - | - | - | - | 3,954,920.68 | 3,954,920.68 |
R-III | - | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
Total | 315,000,000.00 | 7,370,874.67 | - | 18,331,895.05 | 18,331,895.05 | 25,702,769.72 | - | 3,954,920.68 | 300,623,025.62 |
| Interest Detail | | | | | | | | | |
| Pass- | Prior Principal | | Non- | Prior | Unscheduled | | Paid or | Current |
| Through | (with Notional) | Accrued | Supported | Unpaid | Interest | Optimal | Deferred | Unpaid |
Class | Rate | Balance | Interest | Interest SF | Interest | Adjustments | Interest | Interest | Interest |
| | | | | (1) | (2) | (3) | (4) | (5)=(1)-(2)+(3)+(4) | (6) | (7)=(5)-(6) |
| | | | | | | | | | | |
A-1 | 4.52000% | 219,729,429.18 | 827,647.52 | - | - | - | 827,647.52 | 827,647.52 | - |
A-2 | 4.50000% | 32,368,418.80 | 121,381.57 | - | - | - | 121,381.57 | 121,381.57 | - |
M-1 | 5.65000% | 17,325,000.00 | 81,571.88 | - | - | - | 81,571.88 | 81,571.88 | - |
M-2 | 5.82000% | 12,600,000.00 | 61,110.00 | - | - | - | 61,110.00 | 61,110.00 | - |
M-3 | 6.24000% | 11,025,000.00 | 57,330.00 | - | - | - | 57,330.00 | 57,330.00 | - |
B | 6.77000% | 9,450,000.00 | 53,313.75 | - | - | - | 53,313.75 | 53,313.75 | - |
C | | 3,298,654.16 | - | - | - | - | - | 656,266.52 | - |
R-III | | - | - | - | - | - | - | - | - |
| | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | |
Total | | 305,796,502.14 | 1,202,354.72 | - | - | - | 1,202,354.72 | 1,858,621.24 | - |
| | | | | | | Page 7 of 27 | © COPYRIGHT 2003 Deutsche Bank |